Reported about 6 hours ago
Minneapolis Fed President Neel Kashkari stated that while recent U.S. inflation data appears positive, the effects of tariffs may be postponed, necessitating a cautious approach to interest rate decisions. He noted that businesses are hesitant to pass on increased costs due to potential fluctuations in tariffs and emphasized the need for further assessment of tariffs' overall impact on the economy amidst ongoing trade negotiations.
Source: YAHOO